SElf Managed Superfunds

If you have any questions regarding finance for your SMSF or Home and Land Packages available contact us today!

what is a smsf?

A Self Managed Superfund (SMSF) like other Super Funds is a way of saving for your retirement. The difference between a SMSF and a normal super fund is the members of the SMSF are also the trustees. Therefore the members of the SMSF run it for their own benefit (they choose what they would like to invest their super into) but they are also responsible for complying with the superannuation and tax laws. You can have up to 4 members in an SMSF.

Setting up your smsf

Your SMSF needs to be set up correctly so that it's eligible for tax concessions, can receive superannuation contributions and is as easy as possible to administer. There are several steps when it comes to setting up a SMSF including; appointing your members/ individual trustees/ corporate trustees, have legal and properly executed trust deed made and signed by all SMSF members, have assets in the fund (small amount of cash if nothing else), have a trustee declaration, your SMSF needs to register through the Australian Business Register, once registered your SMSF will be listed on super fund lookup. Member will need to supply their TFN to be able to make contributions. It may be best for you to hire a professional to set up your SMSF for you. For more info on setting up your SMSF you can visit the ATO Website.

Investing within your smsf

You need to manage your fund's investments in the best interests of your funds members and in accordance with the law. Before you start making investments you must have an investment strategy which outlines the objectives and specifies the types of investments the fund can make. Your investment strategy must be in writing.You can invest in many things with your SMSF one of those being property. Loans4me can help you to obtain finance for your SMSF property and even find you an investment property in the area of your choice. For some ideas of some of the Home and Land Packages we can get for you, visit our Home & Land Packages Page.

*We are not accountants or qualified to set up your SMSF on your behalf. You should consult a professional beofore making a SMSF to make sure it is right for your financial situation. We are not Licenced Real Estate Agents. We provide an avenue whereby you deal directly with the builders and developers. Any prices for Home & Land Packages on this website are for indicative purposes only.